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FASB updates nonprofit accounting standards for gifts in kind

By Angelica | Sep 17, 2020 | Comments Off on FASB updates nonprofit accounting standards for gifts in kind

The Financial Accounting Standards Board released an accounting standards update Thursday to enhance the transparency of how nonprofits report contributed nonfinancial assets, also known as gifts in kind. Original Article Posted at : https://www.accountingtoday.com/news/fasb-updates-nonprofit-accounting-standards-for-gifts-in-kind

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Care is no longer personal. Care is political.

By Angelica | Sep 17, 2020 | Comments Off on Care is no longer personal. Care is political.

Care. I do not believe we have ever heard more about care at a presidential nominating convention than in this year’s Democrat convention. “Patriotism,” “justice,” “bravery,” “strength”?  For sure.  But “care”? Scarcely a word. Yet we now hear that the role of the president is to “care about and for the people” he governs. Socrates…

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More Countries Target the Property Tax

By Angelica | Sep 17, 2020 | Comments Off on More Countries Target the Property Tax

A recent report from the Organisation for Economic Co-operation and Development (OECD) on tax reforms during the past year reveals a tendency towards higher property taxes, often in the form of base broadening, tax rate increases, or both. Even though countries have increasingly targeted property taxes as a source of revenue, on average, they still…

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Fannie Mae common shares may be a good long-term play

By Angelica | Sep 17, 2020 | Comments Off on Fannie Mae common shares may be a good long-term play
fannie mae common shares

The debate over Fannie Mae‘s and Freddie Mac’s common shares continues with analyst Dick Bove of Odeon Capital downgrading them to Sell. Meanwhile, Tim Pagliara of CapWealth Advisors said Fannie Mae and Freddie Mac common shares should do “very, very well” in the long term. Q2 2020 hedge fund letters, conferences and more Bove’s problem […]

The post Fannie Mae common shares may be a good long-term play appeared first on ValueWalk.

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7 Major Expenses That Shrink When You Retire

By Angelica | Sep 17, 2020 | Comments Off on 7 Major Expenses That Shrink When You Retire

Everyone dreams of the day they can stop working for good. But worries about finances can cloud the sunniest visions of retirement. How will you cover daily expenses when you no longer can count on a regular paycheck? Fortunately, some costs shrink significantly — or even disappear — once you quit the rat race. Following…

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Congressional bill would give tax breaks for training employees not to spread coronavirus

By Angelica | Sep 17, 2020 | Comments Off on Congressional bill would give tax breaks for training employees not to spread coronavirus

Rep. Pete Olson, a Republican from Texas, has introduced a bill that would offer tax incentives to employers who train workers about best practices for reducing the spread of COVID-19 in the workplace. Original Article Posted at : https://www.accountingtoday.com/news/congressional-bill-would-give-tax-breaks-for-training-employees-not-to-spread-coronavirus

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WFH Negatively Impacting Career Progression For Tech Industry Workers

By Angelica | Sep 17, 2020 | Comments Off on WFH Negatively Impacting Career Progression For Tech Industry Workers
WFH Career Progression

53% Of Professionals Say Their Career Progression Has Been Negatively Impacted Due To WFH Q2 2020 hedge fund letters, conferences and more Is the Covid-19 pandemic messing up your career plans? On Blind, an anonymous professional network, with 3.6M verified users, 53% of professionals claim it is. The platform ran a survey from 9/14- 9/17 […]

The post WFH Negatively Impacting Career Progression For Tech Industry Workers appeared first on ValueWalk.

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If It Can Rain, It Can Flood: Buy Flood Insurance

By Angelica | Sep 17, 2020 | Comments Off on If It Can Rain, It Can Flood: Buy Flood Insurance

Rivers swollen by Hurricane Sally’s rains have devastated parts of the Florida Panhandle and south Alabama, and the storm’s remnants are forecast to spread the flooding to Georgia and the Carolinas. Many of the properties damaged will doubtless be found to be uninsured, compounding homeowners’ misery. A well-known coverage gap The flood insurance protection gap…

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Deloitte fined £15M in U.K. for Autonomy audits

By Angelica | Sep 17, 2020 | Comments Off on Deloitte fined £15M in U.K. for Autonomy audits

The U.K.’s Financial Reporting Council sanctioned Deloitte and two of its former partners for their audits of the software company Autonomy prior to its acquisition by HP. Original Article Posted at : https://www.accountingtoday.com/news/deloitte-fined-15m-in-u-k-for-autonomy-audits

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By Jo Gardner | Sep 17, 2020 | Comments Off on

IS YOUR LENDER COMPLIANT WITH THE NEW YORK STATUTE OF LIMITATIONS? In New York an action to foreclose a mortgage may be brought to recover unpaid sums which were due within the six-year period preceding the commencement of the action.  The notice of acceleration must be “clear and unequivocal.” Find out more at https://www.wrongfullyforeclosed.com/ 

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